Alphageo (India)'s Q1 FY 2025-26 Quarterly Results

Result Summary

• Alphageo (India) Ltd reported a 20.4% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 48.0%.
• Its expenses for the quarter were up by 5.3% QoQ and 66.2% YoY.
• The net profit decreased 81.8% QoQ and decreased 81.6% YoY.
• The earnings per share (EPS) of Alphageo (India) Ltd stood at 1.3 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Alphageo (India) Ltd is a leading company in the seismic survey industry, providing geophysical services to the oil and gas exploration sector. Known for its advanced seismic data acquisition technology, Alphageo serves major oil and gas companies, helping them in the exploration and development of hydrocarbon resources. The company is headquartered in Hyderabad, India, and has gained a reputation for its expertise in 2D and 3D seismic data acquisition, processing, and interpretation. Recent developments within the company or significant industry changes are not available from the current data.

Revenue

Alphageo (India) Ltd reported a total income of ₹43.73 crores in Q1FY26, a decline of 20.4% from the previous quarter (Q4FY25), where the total income was ₹54.96 crores. However, when comparing year-over-year (YoY) figures, the total income increased by 48% from ₹29.54 crores in Q1FY25. This indicates a substantial growth in revenue over the year, despite the quarterly decline. The revenue performance reflects the company's ability to generate higher income compared to the same quarter in the previous fiscal year.

Profitability

The company's profit metrics showed a notable decline on a quarterly basis. Profit before tax (PBT) in Q1FY26 was ₹0.88 crores, which represents an 87.5% decrease from ₹7.06 crores in Q4FY25. Compared to Q1FY25, where PBT was ₹3.77 crores, there is a 76.7% reduction year-over-year. After accounting for taxes, the profit after tax (PAT) in Q1FY26 stood at ₹0.74 crores, down by 81.8% from the previous quarter's ₹4.07 crores and down 81.6% from ₹4.02 crores in the same quarter last year. The earnings per share (EPS) followed a similar trend, decreasing from ₹6.20 in Q4FY25 to ₹1.30 in Q1FY26, a 79% drop, and a 78% decrease compared to ₹5.90 in Q1FY25.

Operating Metrics

Total expenses for Alphageo in Q1FY26 were ₹42.84 crores, which is an increase of 5.3% from ₹40.68 crores in Q4FY25 and a significant 66.2% increase from ₹25.77 crores in Q1FY25. The substantial rise in expenses year-over-year suggests an increase in operational costs or investments, which is reflected in the overall financial performance. The tax expense in Q1FY26 was notably lower at ₹0.14 crores, a reduction of 95.3% from ₹3.00 crores in the previous quarter, and reversed from a tax credit situation of ₹-0.26 crores in Q1FY25, demonstrating a significant decrease in tax liabilities. These figures suggest varying factors influencing the company's operational efficiency and fiscal responsibility in the respective quarters.